- Advert ID: 664796
- (Seller ref: GRKNIYGR)
B&B in Knysna, SA 's Favourite Holiday Destination For Sale
- Location:
-
- South Africa
- > Western Cape
- > Knysna
- > Knysna
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Summary
- Asking price:
- R1,400,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- R1,200,000
- Net profit:
- < R3m
- Years established:
- 10
- Employees:
- 3
- Home based:
- This business can be run from home.
Business description
This B&B is unique in that the property is not included in the sale, but is independantly owned by an investor. Many B&B's base their value not on sales, but on the value of the land. Not so on this brilliantly located establishment. Occupancy is at 70% plus per annum on 11 units, except for two months of the year where it is 30%+.
Property information
- Real Estate:
- Lease
- Lease terms:
- 5 x 5 renewable by lessee
- Living accommodation:
- 2 bedroom flat.
- Location:
- Prime location to be disclosed to serious buyers
Other information
- Expansion potential:
- To be discussed
- Competition / Market:
- Many B&B's in the area, but none as effectively marketed.
- Support & training:
- To be negotiated with current owners
- Reasons for selling:
- Retirement
- Trading hours:
- On bookings & breakfast daily.
- Furniture / Fixtures value:
- R100,000 (included in the asking price)
- Inventory / Stock value:
- R10,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Western Cape
- > Knysna
- > Knysna
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